Gambling has never been safer with the best online payment service for betting, SoFort! This payment method based in Germany offers a secure way for you to transact with sportsbooks without disclosing your personal information or lengthy card numbers.
All of your betting needs can be handled by SoFort! Here’s everything you need to know about this payment solution for sport betting.
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Before you can even place your wagers on your favourite sport, you have to create an account and deposit money into your account on your chosen sportsbook. That’s because your bankroll needs funding so you can bet on a variety of sports available on the bookmaker’s site.
Some choose to fund their accounts with a debit or credit card while others opt for a secure third-party application such as SoFort when making their payments. Choosing only the best payment option like SoFort can help you manage your funds a lot more efficiently.
Low transaction fees | ✅ |
Real-time transactions | ✅ |
Customer-friendly | ✅ |
Available for many regions | ✅ |
Reliable company | ✅ |
SoFort offers a secure and hassle-free way of depositing and withdrawing funds to your sportsbook account. That’s because the platform utilizes best-in-class open banking technology that requires you to only enter your banking credentials to make payments. Your money is then taken directly from your bank account without disclosing any data or information about you.
What makes SoFort appealing to most users is that you don’t have to make an account to use it. Moreover, you don’t have to input lengthy credit or debit card information that can jeopardise your information online.
Before you place your bets with a Betting Site that offers this payment method, be sure you check if it is legal and approved by the Gemeinsame Glücksspielbehörde der Länder (GGL).
The sportsbook payment methods, SoFort, provides you with a seamless way to deposit and withdraw funds from your sportsbook account. All you have to do is enter your bank credentials and the payment will be processed quickly.
Bet with SoFort without hassle by following these steps:
Ready to start betting on your favourite sports matches? Check our list of sportsbooks that accept SoFort first to narrow down your bookmaker options. This will help you find the sportsbook that would best suit your betting needs.
Have you chosen a sportsbook yet? If yes, then familiarise yourself with the site’s interface next. This helps you navigate through the site and make seamless bets.
After familiarising yourself with the site, you’re ready to deposit funds into your account. You can do this by clicking on the deposit button on the sportsbook and choosing SoFort as the payment method. Then, enter your bank information and the amount you want to deposit and proceeding with the transaction.
Once you have funds in your account, you can start betting on your favourite sports supported by your chosen sportsbook.
Bookmakers have deposit and withdrawal limits in place to ensure that players adhere to the terms and conditions of the site. These are set so you won’t incur huge losses that you cannot afford as well as secure your funds from hacks.
The bookmakers in Germany do not work with this payment method yet. However, this is what it has to offer:
Deposit time | Withdrawal time | Commission fee | Min/max transfer amount |
Instant | – | 0,80% | 1 EUR/250 EUR |
One of SoFort’s best features is its simple user interface. It’s easy to navigate so you can make withdrawals from a sportsbook instantly in just a few clicks. Find out about the withdrawal process as you browse below.
When you withdraw funds from your sportsbook using SoFort, all the money will be transferred to your bank account. Withdraw funds by following these steps: click on the withdraw button on the sportsbook and choose SoFort as your withdrawal option. Then, input your bank information and enter the amount you want to withdraw and then process the withdrawal.
If you change your mind during the withdrawal process, you can cancel it as long as it hasn’t been processed yet by the sportsbook. Just go to the withdrawal section and check whether the request has been processed. If it’s not then click cancel to stop the transaction.
Often, bookmakers place withdrawal limits to prevent punters from emptying their accounts. You’re only allowed to deposit or withdraw funds up to a certain amount to make sure that your funds are protected. Because of this, it’s best not to withdraw all of your money so you can place bets in the future.
Yes, you can only use SoFort’s payment option if you already have a bank account. That’s because you have to input your bank credentials to place a deposit or withdrawal.
SoFort does not have any hidden fees. It only requires a small transaction amount of 1.4% when processing your payment.
You don’t need to create an account with SoFort to use its services. All you have to do is input your bank credentials to make the payment.
Yes, you can use SoFort for placing wagers on your favourite sports. That’s because it’s supported by many sportsbooks in Europe.